Plan Ledger DOL Form 5500 · updated monthly

Blue Heron Companies, LLC401(k)

BLUE HERON 401(K) PLAN · LAS VEGAS, NV · plan year 2023

Reported admin expense ratio · 2023
0.27%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Blue Heron Companies, LLC reported $11,993 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,182 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio has held roughly steady near 0.272%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Nevada (275th of 437), and 3,905th of 5,337 in construction. In 2023, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,377,405
Participants with balances266
Active participants221
Employer contributions$482,198
Employee contributions$1,374,891
Employer contribution per active participant$2,182
Average account balance$20,216
Benefits paid to participants$860,752
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $29K emplr
2023$5.4M · 266 accts · $482K emplr
2022$3.4M · 234 accts · $405K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,993
Total administrative$11,993
The Blue Heron Companies, LLC 401(k) match · 2023
Employer contribution per active participant$2,182
Median for plans this size$1,308
2023$2,182 per active participant
2022$1,903 per active participant

Blue Heron Companies, LLC's 2023 employer contribution ran above the $1,308 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$11,993
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$11,993 · 0.27%
2022$8,594 · 0.27%
Same employer
Similar plansConstruction · Nevada
Hvac Bsec Holdings, Inc. NV$9.1M · 0.89%
Patriot Contractors, LLC NV$8.5M · 0.00%
Goettl Home Services, LLC NV$6.9M · 0.15%
Hirschi Companies, LLC NV$4.4M · 0.12%
R. P. Weddell & Sons Co. NV$4.2M · 1.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861125471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.